NNPC Has No Record Of Oil Revenue In 40 Years – Bankole

[Prince Dickson]

NNPC Has No Record Of Oil Revenue In 40 Years – Bankole Speaker of the House of Representatives, Hon. Dimeji Bankole, at the weekend alleged that the Nigerian National Petroleum Corporation does not have the exact record of what the country has earned from crude oil sales since 1968.The House of Representatives will soon commence investigations into the activities of the NNPC and its subsidiary,Department of Petroleum Resources (DPR).The speaker made the disclosure while answering questions in Lagos at the maiden edition of the Town Hall meeting with the government and people of Lagos, as well as the business community. The meeting was an interactive forum initiated by Bankole to engage the electorate and government across the country to brainstorm on issues affecting the people...more Women Protest Against Militants >> FG plots to kill my husband – Okah’s wife Hundreds of women in Bayelsa State embarked on a protest rally weekend against perceived engagement of youths and women in political violence in the Niger Delta states, calling on politicians to desist from the act and give peace a chance.The women, under the aegis of the Bayelsa Women for Peace, were in their hundreds and led by the state chairperson of the National Council for Women Societies, Mrs. Abosede Apere.Delivering their position before the wife of the acting governor, Mrs. Iyorozeti Seibarogu, the women said though election violence could not be totally ruled out in the region, the resultant effect is on women, who become victims of the arms and ammunition provided for the youths used during an election...more ANPP Moves Against Ume-Ezeoke Barely 48 hours to the national executive committee meeting of the All Nigeria Peoples Party, scheduled for Damaturu, Yobe State, 30 state chairmen of the party have signed a document with a resolution to pass a vote of no confidence on the executive led by Chief Edwin Ume- Ezeoke.The chairman, who has held a series of meetings preparatory to the onslaught, had a final meeting in a popular hotel located at the Central District area of Abuja on Saturday, accusing the national secretary of non-performance due to general level of inactivity and unpopular political decisions on behalf of the party without consultations.Speaking exclusively to LEADERSHIP in Abuja, a spokesman of the chairmen’s forum stated that having been dissatisfied with lack of focus and foresight of the Ume-Ezeoke-led executive...more Motorists, Traders Rain Curses On Obasanjo In Ota Former President Olusegun Obasanjo was again a subject of verbal attack by residents, traders and motorists at Sango-Ota town of Ogun State following the deplorable condition of the road leading to Lagos State.The annoyance of the people came to the fore at weekend following a torrential rainfall, which worsened the road condition. Obasanjo could not complete the road in the eight years he spent as president.The 45-metre road, which stretches from Ijoko-Ota junction to Gateway Hotels vicinity, was at the weekend an eyesore, as flood was found to have taken it over. Motorists, traders and passersby were victims of the spot.Our correspondent reports that many vehicles plying the bad road got hooked in the mess, as many vehicles’ engine packed up, following the flood...more Contractors Lied To Us On Power Project – Elumelu The House of Representatives committee probing the power sector has expressed dismay with the dismal performance of contractors handling contracts across the country, saying only divine intervention could salvage the power sector.This is just as the committee has reaffirmed that it will not falter in its assignment with vigour, saying that the National Assembly was determined not to turn a blind eye to issues that were of national interest, no matter whose ox was gored.Chairman of the committee, Hon. Godwin Ndudi Elumelu, said this in Abuja at the weekend at the end of the tour of power projects in the North-east and North-central geo-political zones, asserted that most of the contractors simply lied to them during the public hearing...more Shell Shuts Down Production After Militants Attack Royal Dutch Shell over the weekend shut down more of its production following fresh attacks on its facilities by militants in the Niger Delta. Militants suspected to be members of the Henry Okah-led Movement for the Emancipation of the Niger (MEND) on Saturday launched an attack on a flow station in southern Bayelsa State.They were said to be reacting to a ruling of a Federal High Court in Jos that the dreaded Okah should be tried secretly. Shell sources say oil wells and other valuable equipments have been blown up in the attack which brings fifth the numbers of attacks in just over a month, a development that has led to the shutting down of about 164,000 barrels a day by Shell in the country. According to Shell sources, the weekend attacks have affected some oil delivery lines and spilling of oil into the environment...more Insecurity Worries Opposition The opposition political parties have expressed concerned at the frequent attacks on media houses in the country, calling on President Umaru Musa Yar’Adua to intensify efforts to arrest the situation.According to separate statements made available to LEADERSHIP in Abuja by the national chairman of APGA, Chief Chekwas Okorie, and his CPP counterpart, Barrister Maxi Okwu, said the situation is scary as the attacks aim at stopping the media from performing its function as the watchdog of the society.According to the chairmen, "Recently, the corporate headquarters of LEADERSHIP Newspapers was attacked and items worth billions of naira were carted away. Also the premises of NTA centre at Akwa..more Kano Wood Market Gutted Properties worth millions of naira were destroyed when a mysterious fire gutted the Wood market at Kofar Ruwa near Bukavu Barracks in Kano metropolis at the weekend.Confirming the incident, chairman and Vice chairman of Carpenters and Wood Sellers Association, Kofar Ruwa branch, Alhaji Tijjani Sani Maga and Ahmad Magaji Hussaini explained that they were informed about the fire around 1a.m midnight of Saturday, and immediately they rushed to the market in order to witness the fire and they discovered that it had already razed the entire market.They said that men of the state Fire Service tried their best to put out the fire, but it was difficult due to inadequate supply of water which it said had become very scarce in Kano metropolis, adding that "Only few places were accessible by the men of the fire service"...more ‘Nigeria’s Political Elite Most Wicked Group’ Government's insincerity with its campaign to eradicate illiteracy is a calculated attempt at keeping the masses ignorant and incapable of holding it accountable for monumental failures in meeting the aspirations of Nigerians.Executive secretary of National Mass Education Commission (NMEC), Dr. Dayo Olagunju who spoke to LEADERSHIP at the weekend said if the government could be more serious with mass literacy, most of the problems bedeviling the country would be halved in a short while.According the executive secretary, Nigeria belongs to the E-9 countries, which are regarded as never do wells, saying, with the enormous natural and human resources Nigeria is blessed with, it has no business being in this category...more

Prince Charles Dickson
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